FoundPac

What FoundPac does

FoundPac Technologies Sdn Bhd, trading publicly on Bursa Malaysia under FPGROUP and headquartered in Bayan Lepas, Penang, is a B2B precision engineering and manufacturing company serving the global semiconductor test equipment industry. Founded in 2004, the firm operates from a 48,000 sq ft built-up facility on a 66,000 sq ft site, equipped with 15 vertical CNC machines, two Japanese horizontal CNC machines, a five-axis CNC, a seven-axis turn-and-mill machine, and Japanese micro-drilling equipment for fine-pitch work under ISO 9001-accredited processes.

The company's core products are PCB stiffeners built to tester-OEM specifications (Handler Interface Boards, Probe Interface Boards, and Device Interface Boards for Advantest, Teradyne, and LTX Credence platforms), high-performance test sockets supporting package types from BGA and QFN to WLCSP at frequencies up to 100GHz with operating cycles exceeding 500,000 insertions, hand lids, protective covers and casings, and custom fabrication parts including thermal chucks, wafer containers, and probe card storage. Materials engineering around Torlon, Vespel, and Ceramic Peek underpins the test socket line.

FoundPac monetizes through quote-based project work for custom precision components and complementary alliance-driven turnkey solutions delivered jointly with Synergie-CAD (interface PCB design), BeCe (high-frequency test sockets), U4Global (equipment sourcing), and GFMI MetalCrafters (aerospace and defense prototypes). End customers are primarily semiconductor test equipment manufacturers, fabs, and their downstream service providers, with the majority of revenue tied to the US semiconductor testing sector served through direct OEM sales and design-engineering collaboration.

Name

FoundPac

Legal name

FoundPac Technologies Sdn Bhd

Website

https://foundpac.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

251–500 employees

Short description

FoundPac is a Malaysian precision engineering and CNC machining company that designs and manufactures PCB stiffeners, high-frequency test sockets, hand lids, and custom parts for semiconductor test equipment OEMs serving Advantest, Teradyne, and LTX Credence platforms. It is listed on Bursa Malaysia as FPGROUP.

Ownership category

akta.pro rank

Product category

Precision Engineering Components for Semiconductor Test Equipment

NAICS

Printed Circuit Assembly (Electronic Assembly) Manufacturing (334418), Semiconductor and Other Electronic Component Manufacturing (33441)

SIC

Electronic Components, Nec (3679)

akta.pro primary industry

Industrial PCB & Substrate Components (Bare PCBs, rigid-flex, ceramic substrates, thick-film) (IMAGAJAM)

Keywords

• Precision engineering parts
• Semiconductor test equipment
• CNC machining components
• PCB stiffener manufacturing
• Test socket fabrication

Headquarters

HQ city

Bayan Lepas

HQ country

Malaysia

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure

Revenue model

1. Precision Components Manufacturing: Custom precision engineering parts including PCB stiffeners, test sockets, hand lids, and cover/casing components manufactured to OEM specifications for semiconductor testing equipment
2. Custom Fabrication Services: Precision engineering and manufacturing services from design through production, including custom fabrication parts and module assembly

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

FoundPac manufactures precision-engineered PCB stiffeners, high-frequency test sockets (up to 100GHz), hand lids, protective covers and casings, and custom fabrication parts for the semiconductor test equipment industry. All products are manufactured under ISO 9001 procedures to tester-manufacturer specifications for Advantest, Teradyne, and LTX Credence platforms, using state-of-the-art Japanese CNC machinery. The company delivers turnkey solutions from design engineering to mass production for semiconductor final-test applications.

Product overview

FoundPac is a precision engineering parts manufacturer for the semiconductor testing industry. Their product portfolio centers on PCB stiffeners (for Advantest/Verigy, Teradyne, and LTX Credence test systems), test sockets supporting packages up to 100GHz and 2600 pins, hand lids, protective covers/casings, and custom fabrication parts. The Stiffener line serves as the core product family, with Test Socket and Hand Lid as complementary offerings for complete testing solutions. All products are manufactured under ISO 9001 procedures using CNC machinery.

Differentiator

Problem solved

Functional benefit

Products and services

• Stiffener (PCB Stiffeners) Complete range of PCB stiffeners built to tester-manufacturer specification for Handler Interface Board (HIB), Probe Interface Board (PIB), and Device Interface Board (DIB) used in Teradyne, Advantest and Credence test systems, with custom plating options available.
• Advantest Stiffener Stiffeners for Advantest/Verigy test systems including 93000 series, 83000 series, T2000 and V93K platforms, covering Final Test, Direct Probe, MUX, WPI, Probe Card, and WaveScale configurations with custom plating options.
• Teradyne Stiffener Stiffeners for Teradyne test systems including UltraFlex, IntegraFlex, J750, Tiger, Catalyst, ETS-300, ETS-364, ETS-88 and J937 platforms with various RF and non-RF configurations and custom plating options.
• LTX Credence Stiffener Stiffeners for LTX Credence test systems including D10, LT1101, ASL3000, Fusion MX/CX, Diamond DX, and NP Test platforms with custom plating options.
• Test Socket Test sockets designed for sophisticated electrical and mechanical performance supporting BGA, QFN, LGA, QFP, MLF, CSP and WLCSP packages, with high frequency up to 100GHz, low self inductance and capacitance, test heights as short as 1.7mm, pitches from 0.2 to 1.27mm, leaded and unleaded package support, and operating cycles exceeding 500,000 insertions.
• Hand Lid Hand lids for test sockets including clamp shell, toggle clamp, spring force and snap-on variants with optional heat sink and fan configurations, used as part of test socket assemblies for semiconductor handlers.
• Cover & Casing Protective covers and carrying cases for test equipment including V93K stiffener carrying boxes, DIB carrying boxes, safety covers, thermal stream covers, and load board shields for semiconductor test systems.
• Custom Fabrication Parts Custom precision engineering parts including marking tools, thermal chucks, wafer containers, probe card storage units, and multi-axis CNC machined components for specialized semiconductor and industrial applications.

Quantifiable outcome

• Operating cycle exceeding 500,000 insertions
• +4 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Synergie-CADcoreTechnology or IntegrationA leading semiconductor interface and PCB solution supplier specializing in design, manufacturing and assembly of high-end semiconductor test interfaces. Synergie-CAD operates as FoundPac's key alliance partner for interface solutions.
• BeCe Pte LtdcoreTechnology or IntegrationTotal test-solutions provider for high frequency, high performance test sockets and high pin counts. BeCe specializes in test socket solutions that complement FoundPac's stiffener and component offerings.
• U4Global SolutionscoreStrategic or Co-development PartnerCost-efficient solution for equipment sourcing and spare parts procurement of cleanroom and semiconductor equipment in manufacturing and related industries. U4Global serves as FoundPac's equipment sourcing partner.
• GFMI (MetalCrafters)minorStrategic or Co-development PartnerSpecialists in design, engineering and manufacturing of prototypes and limited manufacturing of Aerospace Space and Defense, Electronics and Automotive products and services. Alliance extends FoundPac's capabilities into aerospace and defense sectors.
• Sin Yen Technologies Sdn BhdminorOthersFoundPac's sister company specializing in providing solutions and equipment for SMD COIL products such as chip inductor, common mode choke, power inductor coil and voice coil.
• Plea Sdn BhdminorOthersFoundPac's sister company functioning as a Personal Locator Emergency Assistance (PLEA) GPS Tracker company, providing real-time GPS System Tracking Platform for connectivity solutions.
• Dynamic Stencil Sdn BhdminorOthersFoundPac's sister company, a leading SMT Stencils manufacturing company based in Penang, Malaysia with over 20 years of expertise in providing first-class products with best print performance.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• WinWay Technology: Taiwan-based supplier of test contactors and high-frequency test sockets for advanced semiconductor packages. Comparable to FoundPac in test interface components for AI/5G/HPC device testing.
• Yokowo: Japanese precision manufacturer of test contacts, springs and connector components for semiconductor test. Competes in the same precision contactor/test socket category as FoundPac.
• Leeno Industrial: Korean-headquartered global leader in test sockets and probe pins for semiconductor final test. Closest direct competitor to FoundPac in precision test interface components supplied to ATE OEMs.
• MJC (Micronics Japan): Japanese precision test socket and probe pin manufacturer for semiconductor testing. Operates in the same precision test interface category as FoundPac with overlapping customer base.
• Chunghwa Precision Test Tech (ChPT): Taiwan-based supplier of test sockets and IC test interface components. Directly comparable to FoundPac in serving ATE OEMs across consumer, automotive and computing semiconductor end markets.
• ISC (Interconnect Systems): US-based manufacturer of high-performance test sockets and IC test interface solutions serving the same ATE customer base (Teradyne, Advantest). Directly comparable in precision contact technology.

Emerging players

• Translarity: US-based emerging test socket manufacturer focused on advanced packages and high-frequency test. Smaller scale than FoundPac but competes in overlapping test socket SKUs for next-generation semiconductor devices.

Broad incumbents

• Smiths Interconnect: UK-headquartered division of Smiths Group manufacturing interconnect and test contact solutions. Broad incumbent serving aerospace, defense, semiconductor test — overlapping with FoundPac in test contacts and high-reliability interconnects.
• Cohu: US-listed semiconductor test handler and contactor company with broad test equipment portfolio. Larger incumbent; its contactor business overlaps with FoundPac's test interface component offering.
• FormFactor: US-listed leader in probe cards and broader semiconductor test interface solutions. Larger and broader portfolio than FoundPac but overlaps in the precision test interface category serving the same ATE customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/foundpacweb
• LinkedInlinkedin.com/company/foundpac-technologies-sdn-bhd-939942-m-

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FoundPac